06:46 AM EDT, 08/07/2024 (MT Newswires) -- Novo Nordisk ( NVO ) reported Q2 earnings Wednesday of 4.49 Danish kroner ($0.66) per diluted American depositary receipt, up from 4.32 kroner a year earlier. Analysts polled by Capital IQ expected 4.97 kroner. Net sales for the quarter was 68.06 billion kroner, up from 54.3 billion kroner a year earlier. Analysts polled...

Aug 7 (Reuters) - CVS Health Corp ( CVS ) on Wednesday cut its 2024 profit forecast, hit by increased medical costs at its health insurance unit as demand for healthcare services remained elevated. The healthcare conglomerate also announced a multi-year plan to save $2 billion in costs after recording a sharp decline in its second-quarter profit. The company's Aetna...

06:51 AM EDT, 08/07/2024 (MT Newswires) -- Labrador Iron Ore Royalty ( LIFZF ) late on Tuesday reported an increase in second-quarter net income due to an increase in pellet sales tonnages and higher iron ore prices. Second-quarter net income came in at $50.2 million, or $0.78 per share, up from $41.9 million, or $0.65 per share. Revenue increased to...

06:51 AM EDT, 08/07/2024 (MT Newswires) -- Amgen ( AMGN ) tightened its full-year earnings outlook as the company reported lower-than-expected second-quarter profit amid higher operating expenses. The biopharmaceutical company now anticipates per-share adjusted earnings to be in a range of $19.10 to $20.10 in 2024, compared with its prior forecast of $19 to $20.20. The consensus on Capital IQ...